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Ripple On Bullish Momentum: 3.45% Up In The Last 6 Hours

ViaNews Editorial Team

December 27, 2020

Ripple On Bullish Momentum: 3.45% Up In The Last 6 Hours

Ripple is currently on bullish momentum. At 15:08 EST on Sunday, 27 December, Ripple is at $0.30 and up by 3.45% in the last 6 hours.

Ripple Range

Over the last six hours, Ripple's higher value was $0.30 and the lower value was $0.29.

Over the last twelve hours, Ripple's higher value was $0.30 and the lower value was $0.28.

Concerning Ripple's daily lows, it's 7.143% up from its trailing 24-hour low of $0.28

Regarding Ripple's yearly highs and lows, it's 160.643% up from its 52-week low and 60.938% down from its 52-week high.

Volatility

Ripple's last day and last week average volatility is a negative 7.94% and a positive 13.52%, respectively. Ripple's high and low amplitude percentage in the last week was 27.29%.

News about Bitcoin

 michael saylor, the CEO who turned a software company into a Bitcoin company. According to Bloomberg Quint on Thu Dec 24, "We speak with MicroStrategy's CEO, Michael Saylor, on why he thinks Bitcoin is the best reserve asset for any company.", "This past summer, the business intelligence software company MicroStrategy made waves when it put some of its extra cash into Bitcoin. "

Bitcoin rally has already outlasted 2017 run. According to The Wall Street Journal on Thu Dec 24, "Bitcoin bulls say the money fueling this year's rally is coming from more reliable sources than past rallies. "

Bitcoin crushes doubters as 224% rally proves it’s here to stay. According to Bloomberg Quint on Thu Dec 24, "There has been no substantial progress made on Bitcoin as a unit of exchange. ", "Talking Gold and Bitcoin with Anthony "Pomp" Pompliano"

Luxxfolio to acquire 590 Bitcoin miners. According to Business Insider on Thu Dec 24,

Bitcoin surges to fresh record high and looks set to break the $25,000 level: 'merry bitmas'. According to Business Insider on Fri Dec 25, "Bitcoin's market cap could reach $1 trillion sometime in 2021, according to Garrick Hileman, head of research at Blockchain.com, if investors take its reserve currency status more seriously.", "However, Bitcoin investors - known for their unquenchable optimism - think this is just the start."

Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, "The current market dynamics give big miners alternatives to places where Bitcoin are usually created such as China, Kazakhstan and Canada.", "Having coin flowing from the Nordic region helps reduce the political risk profile of Bitcoin."

Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, "Clayton's exit from the regulator is welcome news for crypto fans who saw him take a hard line over the years, suing to halt initial coin offerings, rejecting applications for Bitcoin exchange-traded funds and launching a last-minute lawsuit against Ripple Labs Inc. Gensler, who served as a Commodity Futures Trading Commission chairman during the Obama administration, is a senior advisor to the MIT Media Lab Digital Currency Initiative and teaches about blockchain technology and digital currencies.", ""What's happening now -- and it's happening faster than anyone could ever imagine -- is that Bitcoin is moving from a fringe esoteric asset to the mainstream," said Matt Hougan, chief investment officer of Bitwise Asset Management. "

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.